{"id":477444,"date":"2020-03-26T11:04:15","date_gmt":"2020-03-26T11:04:15","guid":{"rendered":"https:\/\/www.agriland.ie\/?p=477444"},"modified":"2020-07-23T18:30:14","modified_gmt":"2020-07-23T17:30:14","slug":"milk-price-tracker-2020-how-does-your-milk-price-compare-to-other-co-ops-find-out","status":"publish","type":"post","link":"https:\/\/lightsail.agriland.ie\/farming-news\/milk-price-tracker-2020-how-does-your-milk-price-compare-to-other-co-ops-find-out\/","title":{"rendered":"Milk Price Tracker: How does your milk price compare to other co-ops? Find out…"},"content":{"rendered":"
The latest\u00a0Milk Price Tracker<\/strong>\u00a0\u2013 brought to you by\u00a0AgriLand<\/em>\u00a0and the Irish Creamery Milk Suppliers\u2019 Association (ICMSA) \u2013 details milk prices\u00a0from\u00a0the most significant Irish dairy co-ops for the month of February.<\/p>\n For each co-op, a green arrow indicates an increase in milk price (compared with the previous month); a blank space signifies no change; and a red arrow indicates a drop in milk price.<\/p>\n It should also be noted that, when calculating the base prices (on a c\/L basis), we have used a fixed mass density factor \u2013 to convert from kilograms (kg) to litres (L).<\/p>\n The conversion factor used is 1.0297. In other words, 1L of milk corresponds to 1.0297kg of milk.<\/p>\n Moreover, the Irish c\/L milk prices \u2013 quoted in the table \u2013 are base prices at the \u2018standard\u2019 fat and protein percentages cited by the vast majority of co-ops (i.e. 3.3% protein and 3.6% fat).<\/p>\n We also include base prices at \u2018standard\u2019 European criteria (i.e. 3.4% protein and 4.2% fat).<\/p>\n Moreover, we also include a column detailing what we describe as the \u2018maximum attainable price\u2019 \u2013 which is based on consistent levels of 3.3% protein and 3.6% fat.<\/p>\n The milk prices in this table (below) are those quoted by co-ops for the month of February (2020).<\/p>\n These tables (below) outline some of the most significant bonuses offered by the various co-ops, as well as some of the key penalties that may be imposed.<\/p>\n The focus is on bonuses\/penalties that have the greatest impact on a supplier\u2019s \u2018milk cheque\u2019.<\/p>\nFebruary 2020 prices<\/h2>\n
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